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cliff before the new year. and president obama has cut his vacation one day short and heading back today. does it still look doable? >> there is hope for a deal but confidence in that grand bargain has already but disappeared. >> reporter: americans are already taking a hard look at their wallets as confidence in the fiscal cliff diminishes. >> i don't think there is a grand bargain but hope a deal will be cut. >> reporter: if congress doesn't change tax cuts in day, middle income earners will owe extra by the end of the year and they will cut back on auto industry, apparel and entertainment. >> once they cut back on that, that will be dramatic. >> reporter: retailers support 1 in 4 american jobs and if the downturn intensifies, those jobs are at risk. >> if retailers stop creating jobs, the economy as a whole stops creating jobs. >> reporter: the weight is excruciating for some and president obama left them $200 billion apart. >> the president was $200 billion higher on revenues and speaker boehner, $200 billion higher on spending cuts. >> if you get 80% of what you want, that's a prett
for the new year. one guess is that they could that the fiscal cliff deadline lapse and then in the new year try to look at it in january to reduce taxes on those people while raising them for the rich, but that is after dropping off. >> we have learned that nancy pelosi is saying that senate leaders will try to craft a fiscal cliff deal. as ben said, they are not giving any details, no specifics, they're not going to, but nancy pelosi said it will try to craft some sort of deal to avoid heading off the edge of the fiscal cliff. >>> the outgoing prime minister mario monti said he will contest the general election in february. he will lead a coalition of supporting his reform agenda. his appointment last year as the head of the technocratic government sought to end the financial crisis. former prime minister silvio berlusconi is rounding out his new year with a divorce, pinning his ex-wife almost $4 million per month. he was accused of having relationships with young women. the venezuelan president hugo chavez cents a message of faith to his supporters from his hospital bed. the message said
time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >>
before averting the so-called fiscal cliff before the new year. president obama has cut short his hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas
better. >>> as those fiscal cliff worries become mo, the stocks skidded on thursday. on news that house members will return to negotiations on sunday evening. the latest penning home sales data comes out at 9:00. >>> the dairy industry is calling it the milk cliff. if congress doesn't approve a farm bill, the price of milk could skyrocket from 3.65 to as much as 8. all dairy products will be affected. >>> now to another looming crisis, dock workers at more than a dozen ports across the country are threatening to walk out on the job sunday. strikes along the east coast will create a domino effect. the white house is urging an agreement as quickly as possible. >>> month will rents are on the rise. it's up 3.7% over last year. >>> travelers have attempted to carry 1500 firearms onboard airports in 2012. a separate report found that most firearms were confiscated at atlanta's heartsfield airport. >>> sea world is hoping to make a big splash by going public. it's hoping to pay down debt by going public. no word on a stock price for investing in shamu. >>> where do you get the best bang for y
bombarded with the bad news, fiscal cliff, debt, crime, john stossel does not see that, are you going to break out into it's a wonderful world. it is a wonderful world. and you're right, it's terrible with the parasite lawyers and. stuart: parasite lawyers, excellent. >> in spite of that, people work around the politicians and life, i consider it my duty this time of year to step back and say, is life really getting better? it is and it has. louis the 14th have 498 people cooking for him and we eat better than he does because we have free markets and they give us facebook even if zuckerberg's sister is ticked off. stuart: so you want to look beneath the very nea veneer andt over a period of time our lives are getting better, materially better, is that the point? >> yes, and we're living longer and healthier. 7 billion people on earth and for the first time, only maybe a billion are near starvation, that sounds awful, but it's better than it's ever been before. it's the suffering that's-- stuart: i'm going to say later on the program and do my take, sort of editorial to say that the na
continues on capitol hill this morning there is new hope for a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle, what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last-minute meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate came back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in play yet. they're now coming back on sunday. so we really need to see congressional leaders see some kind of a plan that can be voted on before that december 31st deadline. lawmakers say it's getting decreasingly unlikely that's going to happen. many have serious doubts about whether or not they will get a
. >> and this doesn't have to do anything with to do with fiscal cliff but there is news on hillary clinton? >> doctors have discovered a blood clot stemming from a concussion she sustained several weeks ago they are monitoring the medication they are over the next couple of days. >> i guess she won't be testifying in front of any senate committees. rich, live for us. we'll check in with you at 9:00 p.m. and update you on behind the scene negotiations. we're going to update how asian markets are trading with no deal here in the united states. so until 9:00 p.m. have a great day. you'd you would think that you'd want to havewa assets available within a certain distance of, bt places. but there is no sign anywhere that we would ask any help fromo neighboring countries, anyone else in the vicinity to help us at thattime. have puthese people in this situation ,-com,-com ma they have failed to connect the dots and failed to anticipate what was happening and once th attack began, there was something they could do immediately, but have they responded immediately, might have prented the deatthat oc
as president obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of govern
-term? >> very short-term. and then i'm sorry to be the dispenser of bad news, we have the whole fiscal cliff again with the fiscal reputation in terms of the borrowing maximum, the ceiling, which will come due in about a month where they have to raise the debt ceiling. you remember the president said, i'm not going to play that game anymore. unfortunately, he's going to play that game. so we'll have crisis number two, even if they solve this mini crisis today, or tomorrow. >> this white house fallback deal that senator reid is talking about pushing, if it comes to that, talk a little bit about this. >> that is the very minimal. what that is is going back to what he originally proposed. anybody who makes over $250,000, their taxes will go up. this is something that republicans before didn't agree with and the president actually raised it to $400,000. but now maybe they'll pass that, and the extension of unemployment benefits, 2 million people, lose unemployment benefits. if that should happen, they'll say, wait a second, we capitulated on that to fight for another day, because we just had to
a big news cycle happening on this last did of 2012. not only the fiscal cliff, but secretary of state hillary clinton in the hospital. we'll get to that in just a moment. a diagnosis of a blood clot. but some questions still remaining. >>> we have some weather stories, including the latest on this horrific tour bus crash on an icy highway in oregon. it was packed full of tourists. and it skidded off the road, leaving nine dead, many more injured. >>> and the live shot from new york presbyterian hospital where secretary of state hillary clinton is being cared for right now. abc's martha raddatz has the latest on her condition. martha, good morning. >> reporter: the secretary has not been seen in public since early december after an illness and then a fall. but this is the first time she's landed in the hospital. >> probably a good idea to -- >> reporter: on sunday, secretary clinton was admitted to new york presbyterian hospital for treatment of a blood clot. according to the state department, in the course of a followup exam, the doctors discovered a blood clot had formed, stemming fr
percent and nervous about tax hikes due to the fiscal cliff and we have our julian robinson news, that he is a fake -- not he is a fake but the tweet is. we have been investigating this. it said congrats dick tracy, you must be having a pretty busy day today. >> it's not like it took hours and hours of your time. >> i know. there's not a tlot of news out there post christmas. >> julian would not try to talk about his book this way. >> you can follow me now. did you re-tweet my happy birthday? >> by the way, the fake julian robertson has 3100 followers by the way. >> oh, god. >> joining us to talk about the prospects for a deal to avoid the fiscal cliff, congressman jim himes, democrat from connecticut. congressman, there are some in both parties, i don't know, maybe they wouldn't admit it, they don't think it's the worst thing in the world to go over temporarily. where are you? >> you know, i think there's some chance we get a deal in the early weeks of january which means technically you are going over the cliff. if you vote on the deal that john boehner couldn't get done in his conferen
of california, and 250 will be a big pill to swallow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you ill have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was going to happen at the end of the day. e president s saying that he is modestly optimistic. maybe you would be something by december 31. what do you make of it? >> he is modestly optimistic about no new changes here. youknow, the country needs a leader. no matter what party you are from, that is what we need. that's what we need in the p
ticking toward the fiscal cliff, it is crunch time on capitol hill. ♪ >> chris: as the new year rings in, we are headed to a major financial hangover. what happens if big tax hikes and spending cuts take effect? will washington come up with a last-minute compromise? plus, where are we headed on new demands for gun control? and, will we ever get all of the answers to the benghazi terror attacks? we'll cover a lot of ground when we sit down with two leading senators: democrat dianne fein and republican lindsay graham. also with 2012 in the rearview mirror we look ahead to 2013. our sunday panel weighs in on what we'll be talking about in the coming year. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't v
if we go over the fiscal cliff, retroactively fix those tax increases and spending cuts. but, mara, the big question is what is even an temporary uncertainty going to do to the stock market. >> danielle leigh, thank you for that report. >>> the nation is mourning the loss of one of the great military leaders of our time. retired four star general norman schwarzkopf died in his home in tampa, florida. the cause of death is unknown. he was 78. known as stormin' norman was movies famous for leading the victory in 1991. under schwarzkopf's command he earned two purple hearts. the white house is calls schwarzkopf an american original. general colin powell said of his friend that he, quote, not only inspired his troops but as inspired the nation. schwartz cough is survived by his wife brenda and his three children. >>> former president george h.w. bush remains in the hospital in houston recovering from a terrible case of bronchitis which has triggered a series of complications. while mr. bush's condition is serious, in an e-mail yesterday, a spokesman said the former president hasn't los
out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't vote for, are two key senators, democrat dianne feinstein and republican lindsey graham. senators, welcome back to fox news sunday. >> thank you. >> good morning. >> chris: senator graham, a couple of days ago you said you thought we were going to go over the fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper income americans and the sad news is we have accomp
new year. gerri: how would you describe today's closed-door fiscal cliff meeting between the president and congressional leaders? do you believe it was a political stunt or real negotiation? la mancha gerriwillis.com, vote on the right-hand side of the screen, i will share the results of the end of the show. still ahead tonight, it's not just the fiscal cliff mess that congress has left undone. there is a whole lot of other work that our lawmakers should have done this year but did not. i will tell you all about it. and we will be right back gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get this done. it's the right thing to do for our families and our businesses and for our entire economy. but for immediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the
, but with new year's just a few days away a plan to avoid the fiscal cliff may come down to the wire. president obama spent part of this christmas greeting troops and how why he. >> not only do we have the finest military in the world -- >> but tonight he will leave the state for washington, and a state of gridlock, calls it -- as they struggle to come to a compromise to avoid tax hikes and spending cuts. members of both the house and senate are also heading back to capitol hill tomorrow. after the holiday break the president hopes will provide perspective. >> everybody can cool off, everybody can drink some eggnog and have some christmas cookies. >> and return to washington after speaker john boehner failed to get enough support for muslim party for a plan b that the bill that would raise taxes for those making more than a million dollars a year. >> what the president has offered so far simply would not do anything to solve our spending problem and begin to address the nation's crippling debt. >> so are still a stalemate. with the january 1 deadline quickly approaching, some were very we might
, to other news. in just three days, america will go over that fiscal cliff, unless, of course, these focus which we are about to show you prevent it. they're in control whether or not your taxes go up come new year's day. senate majority leader harry reid, minority leader, mitch mcconnell, john boehner and nancy pelosi. all four met at the white house yesterday afternoon with the president and vice president. and jessica yellin is our chief white house correspondent, and jessica, the president used his bully pulpit after that meeting to sort of reinforce the idea that senators need to get busy. so let's give that a listen first. >> the american people are watching what we do here. obviously, their patience is already thin. this is dejavu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> jessica, you were in
the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class. fond farewell 75 watt incandescent light bulb. under law, they can no longer be produced or imported as of january 1st though retailers can clear their remaining stocks. government will turn out the lights on traditional 60 and 40-watt bulbs in 2014. >>> it's what everyone is talking about, i think. reality tv star kim kardashian and rapper kanye west are expecting their first child. west made the announcement last night at a concert in atlantic city. west is 35. kardashian is 32, she is in the process of divorcing kris humphries, whom she married in 2011. >>> still ruled at the box office, stayed on top for a third straight week despite serious competition. "djang unchained" debuted in second place and "les mis" came in third. >>> long underwear may be a m
this morning with comments on the situation, and we will hear what he had to say about the fiscal cliff now. : new year's eve is fast approaching and for decades and decades the american people have watched the ball drop in times square. it's the countdown to midnight, the start of a new year. but this year, mr. president, the american people are waiting for the ball to drop but it's not going to be a good drop. because americans' taxes are approaching the wrong direction. come the first of this year, americans will have less income than they have today. if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours' notice. i can't imagine their consciences. they're out wherever they are, around the country, and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to
, the new tax takes effect tomorrow and it's got nothing to do with the fiscal cliff. it has to do with obamacare. we'll tell what you it is inform could hurt. then don't know what to do with your christmas tree? here is an idea. ♪ >> clayton: welcome back. the government wishing the american people happy new year with a brand-new tax tomorrow. >> dave: regardless of the outcome of fiscal cliff negotiations, americans will be hit with a $1 trillion new tax bill thanks to obamacare. >> clayton: joining us now is texas congressman and vice chairman of the subcommittee on health, dr. michael burgess, who knows a thing or two about the health care system. congressman, nice to see you. happy new year, or not so happy for a lot of people. >> thanks. >> clayton: break this down. what kind of taxes are we talking about here that basically have nothing to do with the fiscal cliff, right? >> correct. these are baked into the cake and they're happening regardless of whatever happens with the house or senate today. there is five changes, major changes in tax policy that start on january 1 as
one is avoiding the fiscal cliff. >> unless the president obama and congress can reach a deal by the new year, tax increases and spending cuts will take deep effect. >> president obama's re-election was one of the biggest political stories of the year. >> with the first of our year enders, here's abc's karen travers. >> reporter: president obama had to overcome a well funded opponent, struggling economy and voter doubts that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will be a choice between -- >> two very different paths. >> reporter: their battle focused on the economy. >> we can't afford another four years like the last four years. >> we need more tax cu
. >> you bet. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away. >> this news alert. an emergency meeting tomorrow at the white house. president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the repub
of the popcorn. >>> first, new details on the last-ditch effort to avoid the fiscal cliff. the president is meeting with top lawmakers today at the white house. >> underscoring that urgency, house speaker john boehner says the house will meet in a rare sunday session. abc's bradley has the story from washington. >> reporter: it may already be too late. days before the fiscal cliff, and with the house of representatives out of town until sunday, senate majority leader harry reid admitted a deal seems unlikely. >> i have to be very honest, mr. president, i don't know time wise how it can happen now. >> reporter: in a scathing attack, reid called house speaker john boehner a dictator, and blamed him for letting members stay home with no deal in sight. >> we are here in washington, working. while the members of the house of representatives are out watching movies and watching their kids play soccer and basketball. john boehner seems to care more about keeping his speakership. than about keeping the nation on firm financial footing. >> reporter: the republican leader responded saying it's dem
the fiscal cliff. why? after january 1st, when everyone's taxes go up, the new congress sworn this on january 3rd could vote to cut taxes. a much easier vote to cast for republicans as well as some democrats. as for the president, is he nhe scheduled to leave his family tonight, come back to washington tomorrow morning, in the hopes of helping his fellow democrats try to find enough republicans to pass his plan. but of course this goes without saying that was a plan that most if not all republicans campaigned very strongly against. >> the most likely scenario is actually did go off the cliff now. ryan liza is our correspondent from washington. you look at this and we're hearing echos of the past. the republican speaker from the house of representatives said, and i have it here somewhere, i don't want to be critical of john, meaning john boehner, but if you don't ever bring something to the floor without the votes. so this is what happened last thursday night where he brought this bill to the floor, his plan b, and it went nowhere. was that a major miscalculation for him? >> it was. look, denn
with the fiscal cliff deadline. he isn't the only one. there is new developments coming in right now and we'll have them for you next. [ boy ] there i was. another holiday stuck at the kids table again. then it happened. every boy's dream. i got called up to the big leagues. i was finally a man... on my way to shaving, driving and staying up past midnight. [ whoosh ] [ whoosh ] [ whoosh ] being an adult is overrated. [ male announcer ] holidays aren't the same without the real cream of reddi-wip. the sound of reddi-wip [ whoosh ] is the sound of joy. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. it's our top story on this fox trip across america. >> texas. the san san antonio homeowner says his house shook and then boom. a neighbor says his kids were playing nearby just before the cessna came down. >> it went wing up right through the fence right there into the trees, through the tr
the spotlight as lawmakers debated over how to avert the fiscal cliff. mother nature took a toll on several parts of the country this year. superstorm sandy ripped through the northeast in late october, leaving a trail of damage along the way. the storm racked up damage of around $60 billion, making it the second most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earlier, crop prices shot up following a massive drought that hit the midwest and some northern states. weeks without rain sent corn and soybean prices sky-high. it was estimated that the drought was the worst in nearly a quarter of a century. 2012 was not without its controvesies. trading scandals rocked the news, highlighted by jpmorgan chase. the big bank lost more than $2 billion in what was called "a trading debacle." ceo jamie dimon took a trip to capitol hill for a testimony where he told senators that the industry needs "strong regulation, not always more." meanwhile, at chick-fil-a, the ceo of the popu
of superstorm sandy. investors are still concerned about the looming fiscal cliff. >>> blizzard warning in up to six states. in arkansas the national guard has been called to provide ambulance service for residents. heavy snow and strong winds will lead to whiteout conditions across the ohio river valley. the heaviest snow is expected to move into western pennsylvania and new york state this afternoon. >>> hundreds of american families wanting to adopt russian children may have their dreams dashed. they have given final approval for a ban on such adoptions, seen as payback for a recently signed u.s. law imposing travel and financial restrictions on human rights abusers in russia. >>> there are six days left until the u.s. crosses over the so-called fiscal cliff. in case washington doesn't make a deal we're doing our best to get you ready. every day we're taking a look at how the fiscal cliff if we go off the fiscal cliff how that will affect you from the increase in your tax bill to planning for your retirement. today we'll focus on your portfolio. ryan mack joins me via skype from detroit. >
. and the storms, they are just getting geared up. >> fiscal mess. exactly one week until we go off the cliff and new word that no one is reaching across the aisle right now. and remembering a legend. hollywood says good-bye to the "odd couple's "cigar-chomping oscar madison. i'm dana bash. alina, merry christmas. >> merry christmas, everyone. it's tuesday, deebs 25th. "starting point" begins right now. >>> and our starting point, those dreaming of a white christmas may be paying for that this morning. extreme weather is on the way this christmas day. millions could be in store for a foot of snow or more. it could even be a rare white christmas down south, along with a threat of tornadoes. bonnie schneider is tracking the holiday storm and, hey, good morning. >> good morning and merry christmas. unusual to see a snow storm set up here in oklahoma and in arkansas, and when you're looking back at the records some of the places highlighted in pink are going to see a white christmas and a snowfall going through christmas night. that hasn't happened in 80 years. what else is unusual. blizzard warn
lulu, thank you, brianna. >>> a brand-new gallup poll shows half the country still thinks a fiscal cliff compromise is likely, down nine points from earlier this month. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. >>> some gun owners in the new york city area say they are being unfairly targeted and they're blaming a local newspaper. here's why. "the journal news" published an interactive map on its website showing the names and addresses of all handgun permit owners in westchester and rockland counties. you can see them here represented by red dots. the response has been overwhelmingly angry. and some residents who don't have guns say it lets potential robbers know who isn't armed. "the journal news" says it made the decision to put up the map in response to the connecticut school massacre. >>> if you live i
number one is avoiding the fiscal cliff. >> unless the president obama and congress can reach a deal by the new year, tax increases and spending cuts will automatically take effect. >> and the clock is ticking. >>> of course, when we look back at this year, president obama's re-election was one of the biggest political stories of the year. all others, you could say, they pealed in comparison. >> with the first of our year-enders, here's abc's karen travers. >> reporter: to win a second term, president obama had to overcome a well funded opponent, a struggling economy, and voters' doubts that he had the right agenda to turn the nation around. [ chanting ] >> all: four more years! >> reporter: and after a roller coaster season, he got them. mitt romney may have started off at the frontrunner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against barack obama. >> the odds are very high i'm going to be the nominee. >> reporter: and overcome some self-inflicted wounds. >> i like being able to fire pe
in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more on his remarkable life coming up. >>> also ahead, it happened again. a man shoved to his death in front of a new york city subway train. this time, the suspect is a woman. we will have the details. >>> and la
the next week because we have that much time left and that's it over negotiations to avoid the fiscal cliff. what happens to your bottom line if we go over it? let's take a look at the possibility fallout on wall street, your taxes, your retirement plan, your wallet. excuse me. joining me now, i get all choked up, jordan goodman, financial advisor, author of, fast profits in hard times. that's where we are. >> you bet. jamie: jordan, well-come. let me bottom line is soft landing in january best we hope for at this point? >> i think we're going over fiscal cliff. that is why the markets anticipating that. soft landing temporary compromise is the best we can hope for. the worst we can hope for, probably get is a hard landing, where they don't have any agreement and all the huge taxes, $536 billion in tax increases, $110 billion in spending cuts happen pretty much all at once in january. jamie: for folks who are not professional investors but have their retirement account and hoping it will grow, when you see a selloff at the end of the year, what does that mean? people are getting their money
gretchen. last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friends starts right now. ♪ >> julia: hello, everybody. >> three days left. three days left before we go head first over the fiscal cliff. >> julia: before we talk about the fiscal cliff. you did cavuto. you did o'rielly or i mean not o'rielly. the five. today you have this show and then cavuto and then on the five. >> you will be on the five. >> julia: and then other things. >> it is one of those days. iclele ladies and gentlemen, eric bowling -- boling is the mara thon man. >> it is good to be here. >> julia: yes, it is good to be here. >> kelly: thank you for joining us this morning. >> julia: the headlines and fox news alert it appears russian president vladimir putin is trying to make a political point at the expense of
from republicans, they will not write a blank check to solve the fiscal cliff. reaction from debbie snab now of michigan, next. >>> plus, the best selling river of "gone baby gone" and mystic river" has a new crime to solve. where is his dog? dennis lahane is asking for help finding his dog tessa. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> welcome back to "sta
. and at year's end, all eyes are on washington and the fiscal cliff-hanger that remains mired in a political tug of war. and to move on to a new year. still to come, comedian, actor and musician jamie foxx. and we toast th quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ is engineered to amaze. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health cond
the fiscal cliff today. can a lais-minute deal be reached? one source revealing this is how talks are really going. >>> and look at this. a rare fight caught on camera. two of the most gentle creatures on the planet breaking out in a wild showdown. giraffes. does this battle all come down to a woman? >>> and we're counting down to the biggest party in the world. get your party hats on and get ready to celebrate. we're live with where the ball will drop tonight. ryan seacrest is helping us ring in the new year. only on "gma." >>> and good morning, america. the new year, of course, has already begun on the other side of the world. out here in times square, we have a crowd. there you see the celebrations in auckland, knnewzealand. we get ready to say happy new year. george, robin, josh, sam, and lara are all off. we're glad to welcome dan abrams, ron claiborne and rachel smith. >>> we have a big news cycle going on. secretary of state hillary clinton in the hospital. we'll get to that in just a moment. a diagnosis of a blood clot. >>> we have some weather stories. including the latest on this h
out how to do more than one thing at a time. fiscal cliff? very important. public safety and gun violence? very important. getting people back to work in america? very important. we can actually do more than one thing at a time. mayors across the country do that every day. >> well said. thank you very much, mayor michael nutter. happy new year to you, sir. up next, the best political movies of the year. i love this segment, of course. and this is "hardball," the place for politics. >>> welcome back to "hardball." this is a big time of year to catch up on the movies you missed this year. we've seen a lot of movies with political themes this year. here to discuss them is new york magazine film critic, david edelstein. there's a lot of politics in movies this year, especially "lincoln." let's take a look at the film, a piece of it. >> please, first common notion is this. things which are equal to the same thing are equal to each other. that's a rule with mathematical reasoning. it's true because it works. has done and always will do. in his book, hmm. he says this is self evident. y
is at the new york stock exchange. why so bad this year? >> first of all, the fiscal cliff issues were hanging on shoppers' minds. that's one reason. you know, you look at whether or not the after christmas shopping will help. it will in some ways. in many ways, though, people are walking into stores using gift cards. in fact the national retail federation says 80% of shoppers bought a gift card. that's almost $30 billion worth. those are counted when they're sold and not redeemed. if you're a retailer, most people wind up spending more in the store, so that's a good thing for the retailer if they spend more than that's on the gift cards. those after christmas sales can help a bit to help the retailers out, suzanne. >> i bought the gift cards and received gift cards, so i might be going back, too. how does that impact overall sales and how they measure all of this? >> returns do have a big effect on sales numbers, and they wind up eating into profit for a lot of retailers. they say almost 11% of holiday gifts are returned, and that amounts to billions of dollars. on the other hand returns coul
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